Tag: input cost

Steel industry is bouncing back with falling input cost and somewhat stable demand despite the gloomy outlook in the global markets. Businessline spoke with TV Narendran, Managing Director, Tata Steel, on the road ahead. Excerpts from the interview:Has the last quarter been challenging?I have been in this industry for 35 years. I think, we have to learn to deal with the cycles, and that’s inevitable. Last quarter, we had an Ebitda margin of 20 per cent in the India business due to low coal prices, and the net profit...